Sundaram Finance Board Approves Re-appointment of Key Executives

Sundaram Finance has announced the re-appointment of key executives. Mr. Harsha Viji will continue as Executive Vice Chairman, and Mr. Rajiv C. Lochan will remain as Managing Director, both for five-year terms starting April 1, 2026. Additionally, Mr. A. N. Raju has been re-appointed for a four-year term and elevated to Joint Managing Director, also effective April 1, 2026. Approvals are subject to shareholder vote.

Leadership Continuity

The Board of Directors has approved the re-appointment of its key executives, ensuring continuity in leadership and strategic direction. These decisions follow recommendations from the Nomination, Compensation and Remuneration Committee.

Executive Re-appointments

The approved re-appointments are:

  • Mr. Harsha Viji: Re-appointed as Executive Vice Chairman for a term of five years, effective April 1, 2026.
  • Mr. Rajiv C. Lochan: Re-appointed as Managing Director for a term of five years, effective April 1, 2026.
  • Mr. A. N. Raju: Re-appointed for a term of four years, effective April 1, 2026, and elevated to the position of Joint Managing Director.

Terms and Effective Dates

All re-appointments are subject to shareholder approval via postal ballot. The terms for Mr. Viji and Mr. Lochan will run for five consecutive years from April 1, 2026, through March 31, 2031. Mr. Raju’s term will be four years, ending March 31, 2030.

Executive Backgrounds

Mr. Harsha Viji brings nearly three decades of experience with a focus on strategy formulation and new business development.

Mr. Rajiv C. Lochan has three decades of experience in finance, the social sector and public health and was previously MD & CEO of The Hindu Group and a Partner at McKinsey & Company.

Mr. A. N. Raju brings four decades of experience in the automobile, engineering and finance sectors. He was previously with GE Capital and SRF Group.

Source: BSE

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